BP today reported its financial results for the third quarter of 2014. Underlying replacement cost profit1 for the quarter was $3.0 billion, compared with $3.7 billion for the same period in 2013. Operating cash flow for the quarter was $9.4 billion, compared with $6.3 billion in 3Q 2013. Total operating cash flow for the first nine months of 2014 was $25.5 billion.

Integrated oil and gas (IOG) companies Gazprom and Rosneft Oil Company represented Russia in the top 10 positions of the 2014Platts Top 250 Global Energy Company Rankings®, unveiled Tuesday at the ninth annual Platts Top 250 Asia Awards Dinner in Singapore.

BP posts slump in Russian income but raises dividend

Sechin: Rosneft plans in Italy Pirelli and Saras, no hegemony of management

Gunvor to reduce footprint in Russia

Rosneft is looking for some financial relief from Russia’s sovereign wealth fund

Oil companies in Russia, the world's biggest producer which has budgeted for $100 crude, played down the oil price drop, saying it would not last and would not damage long term projects.

Russia seeks an acceleration of its business ties with China. Russian Prime Minister Dmitry Medvedev suggested on Monday that the two countries could soon reach an agreement on a second pipeline.

Rosneft and Chinese National Petroleum Corporation (CNPC) signed an agreement for the extensions of strategic cooperation.

Rospan International (Rosneft subsidiary) carried out a record hydrofracturing at the Urengoiskoe field, which resulted in the 9 times increase of production rate.